22.03.2017 – Trading Signals by Dukascopy
March 22, 2017 8:51 amVideo
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Find out how the interbank compares with the technicals at 8 AM GMT. These are the Main Daily Trading Signals.
Euro/Dollar sees 6 neutral models on its hourly chart, whereas the 4 and 24-hour scales both are strongly bullish, and they are supported by the more than 22% long interbank.
Things look similar for the Cable, which sees 6 neutral signals in the short-term and 4 and 6 buy prompts on its 4 and 24-hour charts, respectively, but, in contrast, the interbank is bearish at more than 21% short.
Dollar/Yen’s hourly chart sees a contradicting mix of red and green models. The mid and long-term scales turn red with 6 and 7 signals, respectively, and they are confirmed by the more than 34% short interbank.
Bearish models prevail on Pound/Yen’s 1 and 4-hour charts. The 24-hour scale sees 5 neutral indicators, and it matches the less than 1% long interbank stance.
And there’s red across the table for the Euro/Yen, which sees 6 sell prompts in both the short and mid-term and 5 bearish models in the long-term, but they are not quite in line with the interbank, which is neutral at less than 10% short.
I’m Jessica Walker and you’ve been watching the Primary Daily Trading Signals for Wednesday. Check back in throughout the day for the latest updates.
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